Arlington Office Building For
2121 Avenue J, Arlington, TX 76006
17,158 SF office building in Arlington, Texas.
Type:Office
Property size:
17,158 SFLot size:
1.28 AcresPrice / SF:
$200/SF- Added:
- Nov 8, 2022
- Days on Market:
- 1303
- Last Refresh:
- May 19 at 9:09 pm
Property Features for 2121 Avenue J
General Information
- Standard status
- Active
- Size
- 17,158 SF
- Lot size
- 1.28 Acres
- Property subtype
- Office
Listing agent michael morris License #TX 9009865
Listing office Michael Morris Company
Listing date Nov 8, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Michael Morris Company
HighLights
- 17,158 SF Class B office building suitable for single‑tenant occupancy.
- Strategic location with convenient access to I‑30 and Highway 360.
- Versatile design suitable for executive, medical, or traditional office use.
- Proximity to AT&T Stadium, Globe Life Park, and Six Flags Over Texas.
- Central location offers easy access to both Fort Worth and Dallas.
- Situated on a 1.28‑acre lot in the Brookhollow Commons area.
Overview
This 17,158 square foot mid-rise Class B office building is located in Arlington, Texas. Situated on a 1.28-acre lot in the Brookhollow Commons area, the property offers a single-tenant occupancy configuration. The location provides access to I-30 and Highway 360. The property is near AT&T Stadium, Globe Life Park, and Six Flags Over Texas. Its central location offers access to both Fort Worth (approximately 17 miles west) and Dallas (approximately 17 miles east). The building's design caters to executive office, medical office, or traditional office uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $411.8k | $24.00 |
| − Vacancy | −$57.7k | −$3.36 |
| EGI | $354.1k | $20.64 |
| − OpEx | −$88.5k | −$5.16 |
| NOI | $265.6k | $15.48 |
17,158 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.79M
$3.32M – $4.43M
NOI $265,606 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.06M
$4.43M – $5.90M
NOI $354,141 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Walsh Construction Co
Construction Company
Rehab Synergies
Corporate Office
FedEx Drop Box
Postal Service
Kemper Insurance
Financial Advisor
Hand in Hand Hospice ...
Nursing Home
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.072569
- Latitude
- 32.7674843
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 17,158 SF office building in Arlington, Texas.
Where is this office building located?
The property is located at 2121 Avenue J Arlington, TX.
What is the asking price?
The asking price for this property is $3,431,600.
What are key features of this property?
This property features: 17,158 SF Class B office building suitable for single‑tenant occupancy.; Strategic location with convenient access to I‑30 and Highway 360.; Versatile design suitable for executive, medical, or traditional office use.
